India Ratings and Research (Ind-Ra) has maintained an improving outlook for the auto sector during FY22 as revival across segments is expected to continue in the second half, aided by a recovery in consumer sentiments, increased preference for personal mobility, and macroeconomic tailwinds. However, Ind-Ra revised the auto volumes growth […]
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Ind-Ra affirms Bank of Baroda at AAA with stable outlook
India Ratings and Research (Ind-Ra) has affirmed Bank of Baroda’s (BoB’s) long-term issuer rating at AAA with a stable outlook and short-term issuer rating at A1-plus. The ratings continue to reflect BoB’s highly systemically important position and hence a high probability of support from the government which has 63.97 percent if required. Ind-Ra said […]